Interviews
Interviews
Access industry is still plagued with lack of legislation for safety
The market scenario of access equipment industry continues to be flat. As major manufacturers, we always hope that the market evolves and matures, but regret it hasn't been so over the last few years when we talk about new machines being imported into the country considering the fact that the market being nascent and quantities being low, there are no thoroughbred manufacturers in India.
Interviews
This year Excon is driven by optimism
Following a three-year slump in demand, the equipment industry started looking up from the early 2015. During the later part of that year, the market growth gathered momentum.
Interviews
We expect more footfalls this year
We see the market for construction and construction equipment to be booming at the moment due to the government impetus to infrastructure, power plants etc. This has also resulted in a corresponding boom in underground and surface heavy civil engineering projects.
Interviews
We expect significant buying interest from customers
India's equipment industry has witnessed a healthy growth during the past decade and its long-term prospects look solid. Infrastructure demand is the primary factor driving construction equipment industry's growth.
Interviews
we are showcasing electro-hydraulic products among others
The current industry scenario seems encouraging. We are already witnessing good growth from both earthmoving and road construction segments, especially from platforms like excavators and loaders. This growth is expected to sustain with the government looking at investing in smart cities as well as developing infrastructure projects.
Interviews
We see Excon as a business facilitator
Post GST, the construction equipment (CE) sector in India had a short term hit. Retail hiring segment was adversely effected, as it is more of unorganised sector.
Interviews
Customers may look for more productive solutions
The current equipment industry scenario is quite positive. The announcement of several infrastructure projects will further spur the demand of construction equipment, which will be beneficial for the industry.
Interviews
Excon 2017 marks revival of Indian CE industry
After a continuous phase of sluggish market and recession, the construction equipment sector is on the verge of a turnaround now. The sector has received a boost with the government's renewed focus on road building, as a result the market grew by 16 per cent in 2015, and further by 39 per cent to peak in 2016.
Interviews
We will be showcasing our latest products first time in India
Indian construction equipment (CE) industry was always expected to be poised for growth and what we are now witnessing is realisation of these expectations. The industry is maturing both in the scale and breadth of equipment being manufactured across market segments.
Interviews
We are committed to going one step further this year
The construction equipment (CE) industry is continuously evolving through various innovations in application and product range. Change in technology creates new opportunities to manufacture a better product with improved ways of using it.
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